BMC Software authorized $1 billion of new stock buybacks after lower licensing revenue and compensation costs pushed down second-quarter earnings 15% from a year ago, as expected. Shares rose 2.7% to $41.80 after hours.

Ellie Mae’s third-quarter profit more than doubled as more people used the company’s mortgage-origination software. Shares jumped 13% after hours to $28.22 as the results beat the company’s expectations, and it lifted its outlook.